Articles Posted in Jeffrey Weinstein

A U.S. Bankruptcy Judge Fredrick Clement ruled that a controversial dairy in Oregon can keep its bankruptcy protections, preventing a liquidation sale sought by the dairy’s main creditor, Rabobank. Lost Valley Farm won’t have to auction off its cattle and instead will be able to sell them along with the farm and its equipment. Rabobank…

Cambridge Analytica, the U.K. political consulting firm that shuttered its doors after a controversy about how it harvested data to influence the last U.S. presidential election in favor of Trump, now faces a group of Facebook users in its bankruptcy. “Data Breach Plaintiffs” filed a notice this past week to appear in the company’s New…

Gilbert (Ariz.) Hospital and Florence (Ariz.) Hospital entered Chapter 11 bankruptcy in May after creditors tried to force the hospitals into bankruptcy to try and recoup $1.96 million they claim the affiliated hospitals owe. In April, three employees of Florence filed an involuntary bankruptcy petition for $46, 650 in wages and the Gilbert involuntary petition…

In the last ten years business in the U.S. have turned to arbitration to create an alternate system of justice where “rules tend to favor businesses, and judges and juries have been replaced by arbitrators who commonly consider the companies their clients.” The change has been swift and virtually unnoticed, even though it has meant…

What are collectibles? According to the IRS, collectibles includes works of art, rugs, antiques, any metal or gem (with exceptions), any stamp or coin (with exceptions), valuable alcoholic beverages or “any other tangible personal property that the IRS determines is a “collectible” under IRC Section 408(m)”. Quite often people don’t have any idea how much…

Many people get confused between Medicaid and Medicare. So, what’s the difference? While, both programs were federally created, they do different things Basically Medicare is health insurance for people 65 or older and Medicaid is for people who meet certain income requirements. While Medicare will pay for some rehabilitative services in a nursing home, Medicaid…

Estate/financial planning when suffering from a terminal illness is a two stage process. The first stage comes during the illness when finances need to maximized to treat the illness. If you are terminally ill and still working it can make a significant difference in terms of cash flow. Group disability benefits may be available through…

The IRS says that identity thieves are not only stealing people’s identities, they are filing fake tax returns using those identities. The IRS says identity thieves came up with the scam around 2008 and they have been having a hard time stopping it. In fact the practice has tripled in the last 5 years. The…

Last year we wrote about the scandal in Michigan’s probate system; about how some attorneys and real estate brokers were working together to cheat heirs out their inheritances, legally. Now another scandal has emerged with the news that Oakland County Probate Judges in Michigan have hired an attorney who is under criminal investigation. We posted…

U.K based Cambridge Analytica, the company that was caught up in the data harvesting scandal with Facebook has filed for bankruptcy in a New York Court. The move comes on the heels of them announcing the winding down of their operations in the UK. The company listed $1-$10 million in liabilities in its filing. In…